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Side-by-side financial comparison of Bridger Aerospace Group Holdings, Inc. (BAER) and High Roller Technologies, Inc. (ROLR). Click either name above to swap in a different company.
Bridger Aerospace Group Holdings, Inc. is the larger business by last-quarter revenue ($8.5M vs $6.3M, roughly 1.4× High Roller Technologies, Inc.). High Roller Technologies, Inc. runs the higher net margin — 58.4% vs -177.2%, a 235.6% gap on every dollar of revenue. On growth, High Roller Technologies, Inc. posted the faster year-over-year revenue change (-16.4% vs -45.2%). High Roller Technologies, Inc. produced more free cash flow last quarter ($-90.0K vs $-78.4M).
Bridger Aerospace is an American aerospace company which provides aerial firefighting and wildfire management services. The company has supported firefighting efforts in 24 U.S. states and two Canadian provinces.
S&S – Sansei Technologies is an American company known for its pneumatically powered amusement rides and roller coaster designing.
BAER vs ROLR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $8.5M | $6.3M |
| Net Profit | $-15.1M | $3.7M |
| Gross Margin | -65.1% | — |
| Operating Margin | -175.0% | 1.3% |
| Net Margin | -177.2% | 58.4% |
| Revenue YoY | -45.2% | -16.4% |
| Net Profit YoY | -17.9% | 831.9% |
| EPS (diluted) | $-0.26 | $0.39 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $8.5M | — | ||
| Q3 25 | $67.9M | $6.3M | ||
| Q2 25 | $30.8M | $6.9M | ||
| Q1 25 | $15.6M | $6.8M | ||
| Q4 24 | $15.6M | — | ||
| Q3 24 | $64.5M | $7.5M | ||
| Q2 24 | $13.0M | — | ||
| Q1 24 | $5.5M | — |
| Q4 25 | $-15.1M | — | ||
| Q3 25 | $34.5M | $3.7M | ||
| Q2 25 | $308.0K | $-592.0K | ||
| Q1 25 | $-15.5M | $-3.3M | ||
| Q4 24 | $-12.8M | — | ||
| Q3 24 | $27.3M | $-501.0K | ||
| Q2 24 | $-10.0M | — | ||
| Q1 24 | $-20.1M | — |
| Q4 25 | -65.1% | — | ||
| Q3 25 | 68.9% | — | ||
| Q2 25 | 39.2% | — | ||
| Q1 25 | -10.0% | — | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 64.3% | — | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | — | — |
| Q4 25 | -175.0% | — | ||
| Q3 25 | 57.5% | 1.3% | ||
| Q2 25 | 18.0% | -7.2% | ||
| Q1 25 | -64.9% | -47.4% | ||
| Q4 24 | -48.0% | — | ||
| Q3 24 | 50.9% | -6.3% | ||
| Q2 24 | -36.5% | — | ||
| Q1 24 | -278.0% | — |
| Q4 25 | -177.2% | — | ||
| Q3 25 | 50.8% | 58.4% | ||
| Q2 25 | 1.0% | -8.5% | ||
| Q1 25 | -99.3% | -48.4% | ||
| Q4 24 | -82.4% | — | ||
| Q3 24 | 42.4% | -6.7% | ||
| Q2 24 | -76.7% | — | ||
| Q1 24 | -364.8% | — |
| Q4 25 | $-0.26 | — | ||
| Q3 25 | $0.37 | $0.39 | ||
| Q2 25 | $-0.12 | $-0.07 | ||
| Q1 25 | $-0.41 | $-0.39 | ||
| Q4 24 | $-0.24 | — | ||
| Q3 24 | $0.31 | $-0.07 | ||
| Q2 24 | $-0.33 | — | ||
| Q1 24 | $-0.55 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.4M | $2.7M |
| Total DebtLower is stronger | $222.5M | — |
| Stockholders' EquityBook value | $-342.6M | $6.6M |
| Total Assets | $330.3M | $16.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.4M | — | ||
| Q3 25 | $55.1M | $2.7M | ||
| Q2 25 | $17.0M | $2.7M | ||
| Q1 25 | $22.3M | $3.5M | ||
| Q4 24 | $39.3M | — | ||
| Q3 24 | $33.3M | $1.3M | ||
| Q2 24 | $8.5M | — | ||
| Q1 24 | $6.8M | — |
| Q4 25 | $222.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $208.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-342.6M | — | ||
| Q3 25 | $-322.4M | $6.6M | ||
| Q2 25 | $-351.0M | $2.6M | ||
| Q1 25 | $-347.4M | $2.8M | ||
| Q4 24 | $-326.7M | — | ||
| Q3 24 | $-304.4M | $-779.0K | ||
| Q2 24 | $-328.0M | — | ||
| Q1 24 | $-348.7M | — |
| Q4 25 | $330.3M | — | ||
| Q3 25 | $311.0M | $16.0M | ||
| Q2 25 | $279.0M | $12.3M | ||
| Q1 25 | $275.6M | $12.8M | ||
| Q4 24 | $290.8M | — | ||
| Q3 24 | $307.3M | $12.9M | ||
| Q2 24 | $281.7M | — | ||
| Q1 24 | $252.4M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-8.0M | $-78.0K |
| Free Cash FlowOCF − Capex | $-78.4M | $-90.0K |
| FCF MarginFCF / Revenue | -917.3% | -1.4% |
| Capex IntensityCapex / Revenue | 823.4% | 0.2% |
| Cash ConversionOCF / Net Profit | — | -0.02× |
| TTM Free Cash FlowTrailing 4 quarters | $-64.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-8.0M | — | ||
| Q3 25 | $41.0M | $-78.0K | ||
| Q2 25 | $1.4M | $-840.0K | ||
| Q1 25 | $-17.7M | $-3.6M | ||
| Q4 24 | $54.5M | — | ||
| Q3 24 | $200.0K | — | ||
| Q2 24 | $-22.6M | — | ||
| Q1 24 | $-22.8M | — |
| Q4 25 | $-78.4M | — | ||
| Q3 25 | $34.6M | $-90.0K | ||
| Q2 25 | $515.0K | $-845.0K | ||
| Q1 25 | $-21.0M | $-3.6M | ||
| Q4 24 | $53.5M | — | ||
| Q3 24 | $-951.0K | — | ||
| Q2 24 | $-23.6M | — | ||
| Q1 24 | $-23.7M | — |
| Q4 25 | -917.3% | — | ||
| Q3 25 | 51.0% | -1.4% | ||
| Q2 25 | 1.7% | -12.2% | ||
| Q1 25 | -134.0% | -53.5% | ||
| Q4 24 | 343.5% | — | ||
| Q3 24 | -1.5% | — | ||
| Q2 24 | -181.3% | — | ||
| Q1 24 | -430.7% | — |
| Q4 25 | 823.4% | — | ||
| Q3 25 | 9.3% | 0.2% | ||
| Q2 25 | 3.0% | 0.1% | ||
| Q1 25 | 21.2% | 0.2% | ||
| Q4 24 | 6.3% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 7.6% | — | ||
| Q1 24 | 17.4% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.19× | -0.02× | ||
| Q2 25 | 4.68× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAER
Segment breakdown not available.
ROLR
| Net Gaming Revenue | $4.9M | 77% |
| Net Revenue Noncore Services | $1.4M | 23% |
